Factoid - Friday, July 25, 2025
Blockchain research firm TRM Labs reported that cryptocurrency transaction volume (including Bitcoin, Ethereum, TRON, Binance Smart Chain, and Polygon) surged by 56% year-over-year (y-o-y) to $10.6 trillion in 2024, according to its own release. Despite the increase, the share of overall transaction volume attributed to illicit activities declined over the period. Preliminary analysis reveals that illicit transaction volume totaled just $45 billion in 2024, down 24% y-o-y.
Posted on Friday, July 25, 2025 @ 9:14 AM

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.